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During the energy crisis of the 1970s, and again in the last 5 years, Congress bemoaned the “price gouging” and “windfall” profits of the major oil companies. In the 1970s Congress imposed an “excess profits tax” on these companies. It did not do so this time? What does this change show about how our understanding of the way the price system works to allocate resources has evolved? If “excess profits” are taxed away, where will oil companies get the money to fund new exploration and development of oil properties? Does it matter if these price increases are demand or supply induced?
A change in the price of good causes a movement along the same demand curve whereas a change in any other determinant of demand causes a shift in the demand curve. Discuss the factors that would affect the demand for higher education (increase or to ..
Technological advance improves productivity in a purely competitive industry. This change will result in a shift: a.) down of the individual firm's MC curve, causing the market supply curve to shift to the left b.) down of the individual firm's MC cu..
Estimate the structural equation by Two Stage Least Squares
mullineaux corporation has a target capital structure of 70 percent common stock 5 percent preferred stock and 25
What are mutual funds? What different types of mutual funds are there? And why do you think they are so popular with investors?
Analyze the process of forecasting foreign-exchange rates and create a short list of best practices. Explain your rationale for selecting the practices you did.
Take a small company to be established and construct a cost revenue analysis to see how feasible the project could be? Divide your cost of production into fixed and variable cost. Calculate the price that you think will make the business break eve..
what happens to the indifference curves when a households income is reduced?questionwhat is a budget constraint? how
Demand and supply schedules
write a 4-7 page paper including the followingmiddot analyze the current options available for use of tcpip and osi
A project proposal for a new product will require a buildup of $50,000 of inventory in year 0 before sales are started. Associated with this, accounts payable will also increase by $20,000 in year 0.
today more than ever organizations are built around people working collaboratively with one another in teams. the
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